The government will not allow increases in electricity tariffs that would burden the majority of the public, said Prime Minister Datuk Seri Anwar Ibrahim.

Electricity tariff adjustment won’t burden majority, says PM

The proposed adjustment in Peninsular Malaysia’s base electricity tariff under the Regulatory Period 2025-2027 (RP4) is mainly a “rebasing exercise” to reflect higher fuel costs assumption, said Tenaga Nasional Bhd (KL:TENAGA).

Base electricity tariff adjustment reflects higher fuel costs, won't burden vulnerable groups, says Tenaga

The Ministry of Energy Transition and Water Transformation (Petra) has announced that the Green Electricity Tariff (GET) programme will continue into 2025, maintaining current premium rates while introducing discounted long-term subscription packages to boost renewable energy adoption.

Energy ministry: Current green electricity tariff rates retained, cheaper long-term packages introduced

Social media platform TikTok recorded 2,606 requests from the Malaysian government to remove or restrict content on its platform in 1H2024, the highest among all governments in the period, according to its latest report on government removal requests.

Malaysia tops TikTok content, account removal requests in 1H2024 among govts

The Energy Commission (EC) was to inform winners of the fifth large scale solar bidding round (LSS5) beginning Monday, following nine months of deliberation since it was opened in April this year.

Energy Commission says LSS5 bids finalised but mum on winners

Gateway Development Alliance (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB) (KL:AIRPORT), said it is maintaining its offer of RM11 per share, after the airport operator’s independent directors reommended shareholders to reject the offer.

GDA maintains RM11 offer for MAHB, challenges independent directors’ rejection

There will be no increase in electricity tariff for all users in Peninsular Malaysia from Jan 1 to June 30, 2025, the Ministry of Energy Transition and Water Transformation announced on Friday.

Electricity tariff unchanged in 1H2025, but new tariff structure from 2H onwards — energy ministry

Uzma Bhd (KL:UZMA) has been awarded a sub-contract by Samaiden Sdn Bhd, a unit of Samaiden Group Bhd (KL:SAMAIDEN) for the development of a 13.42 megawatt AC (MWac) solar photovoltaic plant in Sungai Petani, Kedah.

The contract, secured on a lump sum fixed price basis, encompasses the development of the solar generating facility, including interconnection and other works as outlined in the agreement with Tenaga Nasional Bhd, Uzma's filing read.

Uzma secures RM44m Kedah solar farm construction sub-contract

Investors appear to be ignoring analysts' strong “buy” calls on Genting Bhd (KL:GENTING), as the counter extended its slide to its lowest in over four years following a slew of bad news — from earnings misses to exclusion from the benchmark KLCI.

Genting, GenM skid to four-year lows as investors look past analysts' 'buy' calls

SELLING on Petronas Chemicals Group Bhd (PetChem) (KL:PCHEM) and Petronas Dagangan Bhd (PetDag) (KL:PETDAG) appears to have halted as the two FBM KLCI component stocks rebounded from their multiyear lows last week.

The buying interest is, however, not quite proof of a change in sentimen...

What lies ahead for PetChem and PetDag after stocks rebound from their lows 

Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

Singapore oil mogul declared bankrupt after empire collapsed

The recent Court of Appeal decision in the case of Zuraida Bte Kamaruddin v Saifuddin Nasution bin Ismail stirred interest not just within the legal fraternity but caused public disquiet due to its wide-reaching implications on the political scene and society at large.

Establishing the reasonable price of disloyalty

British Prime Minister Keir Starmer has asked the country's regulators, including the financial and competition watchdogs, to remove barriers to growth in an effort to revive a sluggish economy, Sky News reported on Saturday.

UK's Starmer asks regulators to prioritise economic growth — report

The next interest rate cut by the European Central Bank could be longer in coming after a recent uptick in inflation, ECB Governing Council member Robert Holzmann was quoted as saying on Saturday.

Next ECB rate cut could be longer in coming, Holzmann says

China’s central government urged local authorities to offer handouts to people struggling with the cost of living, Xinhua News Agency reported, citing a notice from the Ministry of Civil Affairs.

China urges local govts to give cash handouts for New Year — report

All applications for pardons related to offences committed in the Federal Territories of Kuala Lumpur, Labuan and Putrajaya must be submitted to the Pardons Board, which is chaired by the King, said the Attorney General's Chambers (AGC).

AGC: All applications for pardons in Federal Territories must be made to Pardons Board

The future of gas transit through Ukraine is at a turning point. If a last-minute deal isn’t struck by Wednesday, billions of cubic meters in gas flows could come to a halt.

Ukraine-Russia gas transit deal faces critical moment of truth

Japan’s financial regulator ordered AEON Bank Ltd to fix its anti-money laundering system, saying it failed to detect and report suspicious activities by clients.

Japan's regulator orders AEON Bank Japan to fix money laundering gaps

Inspector-General of Police Tan Sri Razarudin Husain filed a RM3 million defamation lawsuit against blogger Wan Muhammad Azri Wan Deris, better known as Papagomo.

IGP files defamation suit against Papagomo

Thailand and Malaysia are strengthening bilateral relations with an aspiring plan to achieve US$30 billion (RM134.22 billion) bilateral trade target by 2027, while prioritising greater cross-border trade promotion and facilitation in key sectors.

Thailand, Malaysia set sight on US$30b trade by 2027, greater cross-border ties

Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

The year 2024 has been a blockbuster one for Malaysia in terms of investment announcements, as global big names Microsoft Corp, Google LLC and more recently Oracle Corp disclosed multi-year billion-ringgit investments into the country.

A blockbuster year for foreign investment

The US Treasury Department may need to take "extraordinary measures" by as early as Jan 14 to prevent the US from defaulting on its debt, Treasury Secretary Janet Yellen told lawmakers in a letter on Friday.

US may hit new debt limit as early as Jan 14, Yellen says

China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on Saturday.

China to cut import tariffs on some recycled copper and aluminium raw materials

Thailand and Malaysia are strengthening bilateral relations with an aspiring plan to achieve US$30 billion (RM134.22 billion) bilateral trade target by 2027, while prioritising greater cross-border trade promotion and facilitation in key sectors.

The Malaysian Meteorological Department (MetMalaysia) has issued a continuous rain warning at the alert level for several areas in Sabah until Dec 30.

MetMalaysia warns of continuous rain across four states

Terraform Labs Pte Ltd co-founder Do Kwon will be handed over to the US for prosecution, the government of Montenegro said, potentially ending a standoff over competing extradition demands by the US and Kwon’s native South Korea.

Crypto mogul Do Kwon to be extradited to US, Montenegro says

All applications for pardons related to offences committed in the Federal Territories of Kuala Lumpur, Labuan and Putrajaya must be submitted to the Pardons Board, which is chaired by the King, said the Attorney General's Chambers (AGC).

Rapid KL’s rail services will operate until 3am, while selected bus routes will run until 3.30am on Jan 1 to ease congestion during New Year’s Eve celebrations for 2025.

Rapid KL extends operating hours for New Year's Eve celebrations

Azerbaijan Airlines said the crash of its passenger plane in Kazakhstan that killed 38 people this week was caused by “external interference.”

Azerbaijan Airlines pauses over half of flights to Russia after crash

Freddie Mac's latest&nbsp;Primary Mortgage Market Survey<a data-rapid_p="7" data-v9y="1" data-ylk="slk:Primary Mortgage Market Survey,;elm:context_link;itc:0;sec:content-canvas" href="https://www.foxbusiness.com/category/home-mortgage" rel="nofollow noopener" target="_blank">,</a>&nbsp;released Thursday, showed that the average rate on the benchmark&nbsp;30-year fixed mortgage&nbsp;jumped to 6.85%, up from last week's reading of 6.72%.

Mortgage rates rise for second straight week, highest since July — report

The future of gas transit through Ukraine is at a turning point. If a last-minute deal isn’t struck by Wednesday, billions of cubic meters in gas flows could come to a halt.

Inspector-General of Police Tan Sri Razarudin Husain filed a RM3 million defamation lawsuit against blogger Wan Muhammad Azri Wan Deris, better known as Papagomo.

China’s central government urged local authorities to offer handouts to people struggling with the cost of living, Xinhua News Agency reported, citing a notice from the Ministry of Civil Affairs.

Jeff Bezos’ aerospace firm Blue Origin fired up the engines on its massive new rocket, the New Glenn, on Friday — a last critical test needed to pave the way for the vehicle’s debut launch to space.

Blue Origin fires up engines on new rocket ahead of debut launch

Russian President Vladimir Putin said on Thursday that Russia is open to a Slovakian proposal to host peace talks with Ukraine to end a conflict he said Russia was determined to bring to a conclusion.

Putin says Slovakia could host peace talks with Ukraine

Back in August, Donald Trump announced that, if elected, he would try to amend the Federal Reserve Act to give the president a larger say in monetary policymaking. Now that he is heading back to the White House, is central bank independence on the chopping block?

When Trump was out of o...

The New Global Economy: What if Trump subdues the Fed?

As we come to terms with the conclusion of COP29, the outcome — a shockingly diluted climate financing agreement — has left many questioning the credibility of the Conference of the Parties (COP) process. Originally conceived to ensure continuity and escalation of climate commitments, the COP con...

My Say: Health, the forgotten casualty at UN climate talks

The recent Court of Appeal decision in the case of Zuraida Bte Kamaruddin v Saifuddin Nasution bin Ismail stirred interest not just within the legal fraternity but caused public disquiet due to its wide-reaching implications on the political scene and society at large.

British Prime Minister Keir Starmer has asked the country's regulators, including the financial and competition watchdogs, to remove barriers to growth in an effort to revive a sluggish economy, Sky News reported on Saturday.

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